Wharton Connect
Volume 7 - Issue 01 January 2008


WhartonConnect to take the Wharton online alumni community to a new level

In the first quarter of 2008, the Wharton School will launch a new online alumni community called WhartonConnect that will revolutionize the way in which alumni can interact with one another and with the School.

Developed in partnership with the Alumni Association Board of Directors and alumni clubs, the new portal will replace WAVE, the existing online community, providing a more user-friendly experience for Wharton alumni worldwide and greatly benefiting them both socially and professionally.

“This system will help the School dramatically in engaging its ever-growing alumni population across the globe,” commented Tama Smith, Chair of the Alumni Board. “Once it is launched, all alumni should visit the site to see for themselves why we think that WhartonConnect will soon become the number one web destination for Wharton alumni.” 

Features include:

  • Easier, more in-depth personal profile management
  • Improved alumni directories with enhanced search capabilities
  • Single sign-on capability to navigate throughout all Wharton sites
  • Provision of “@wharton” email address to individual alumni
  • Dynamic social networking platform
  • Improved job search and job posting functionality
  • Enhanced access to Wharton's vast online resources
  • More robust and easy-to-use club sites
  • Greatly improved integration with club sites and the main Wharton online community

“Some of the wonderful aspects of WhartonConnect are its user-friendly nature and intuitive navigation.  We believe that this new tool will serve as a real catalyst through which alumni might enjoy greater interaction and take a more active role in the Wharton community,” noted Jillian McGowan, Director of Alumni Affairs and Annual Giving. 

With over 82,000 Wharton alumni across the globe, WhartonConnect is the fastest and most convenient way in which to quickly access this network of colleagues and friends. 

Stay tuned for details pertaining to the launch date for this exciting new Wharton site designed exclusively for Wharton alumni.

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Go With Your Gut
Wharton Alumnus and StubHub Founder Jeff Fluhr Counsels Young Entrepreneurs

Jeff Fluhr, W'96The most important advice Jeff Fluhr, W’96, got as a young entrepreneur was to go with his gut. Fluhr, founder of online ticket sales website StubHub, says he had to stay focused on his vision for the business even while others who became involved in the business advised differently.

“I learned that it’s important to listen to what others have to say,” said Fluhr. “But you have an obligation to do what you think is right.”
Read More...

Cheerleader and Taskmaster
Discussion with Bob Greene, co-founder of Contour Venture Partners in New York

"A lot of entrepreneurs think VCs are haughty or arrogant," says Greene, who earned his bachelor's degree from the Wharton School in 1982. "All the VCs I know, we do it because we love it. We want to see entrepreneurs succeed. If the wrong impressions get cast, it's because we get inundated with requests for review and capital."
Read More...

INSEAD Presents: Strategic Agility


Successful companies often become victims of their own success: when their business matures, they find it impossible to renew themselves. CEOs and corporate management teams are under attack – their tenure is shorter and shorter- and the performance demanded from them higher and higher.  To regain and maintain growth they need to learn to thrive on change and disruption, and strategic agility becomes a key capability.

INSEAD’s Professor of Business Strategy Yves Doz and Mr. Mikko Kosonen, former CIO and CSO of Nokia and current EVP of the Finnish Innovation Fund, will give a series of presentations in 2008 on the theme of Strategic Agility, in conjunction with the publication of their new book,  Fast Strategy: How Strategic Agility will help you stay ahead of the Game, Wharton School Publishing, 2007 http://www.insead.edu/alumni/newsletters/December2007/Faststrategy.pdf.

Please join them for a special reception featuring a keynote speaker, presentation, Q&A session and book signing in:

London - 15 January, 2008, 6-8pm
New York - 5 February, 2008, 6-8pm
San Francisco - 7 February, 2008 6-8pm

For more information, and to register for these events, please contact Muriel Larvaron at INSEAD, Fontainebleau, France (muriel.larvaron@insead.edu  / Tel: ++33.1.60.72.42.43).

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Inside Wharton
Wharton St.

Wharton Volunteers Wanted: To volunteer click here

Benjamin Franklin Society
Giving Levels

Participate—Build—Give


Wharton has achieved unparalleled leadership in education – from undergraduate to graduate to executive programs – establishing the School as a model for business education around the globe.  These extraordinary accomplishments could not happen without the loyal support and dedication of the Wharton community.  For more information about how to become a member of the Benjamin Franklin Society please click here.

Benjamin Franklin Society

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Special Alumni Promotions

Wharton School Publishing
Two books from Wharton School Publishing announced as semifinalists for the Best Business Book Awards from CEO Read

800-CEO-READ announced the shortlist and semifinalists for the first annual Best Business Book Awards consisting of titles in the running for being named the best among 13 categories. The list was selected from nearly 300 titles submitted to the 8CR editorial staff and represents the top titles of the year. On January 15, each category will have a selected winner along with one book named as the Best Business Book of 2007.

The category semifinalists are:

 ADVERTISING/MARKETING
Firms of Endearment by Raj Sisodia, Jag Sheth and David B. Wolfe, Wharton School Publishing, 320p, $27.95

The Soul of the Corporation by Hamid Bouchikhi and John R. Kimberly, Wharton School Publishing, 256p, $29.99

More details regarding the Book Awards can be found at: www.800ceoread.com/bookawards.

Wharton Alumni can take advantage of expanded benefits, including discounts and free domestic shipping. Those who register to become a member can get free access to audio summaries, author interviews and other valuable member only content. Visit www.whartonsp.com/alumni to register and access benefits. All WSP books also are available at the Penn Bookstore.

Wharton Executive Education: Upcoming Programs 

Wharton / Spencer Stuart Corporate Governance: Essentials for New Directors
Mar 17, 2008 - Mar 19, 2008

Corporate Governance Essentials for New Directors is a unique and highly-integrated program designed to promote the leadership and effectiveness of newly-inducted board members. The program was designed jointly by Wharton and Spencer Stuart, one of the world’s leading executive search consulting firms, to be the exclusive entry-point into the highly complex and regulated world of corporate governance.  This program is designed to help you navigate this new terrain and gain the trust of your fellow directors right from the start. The in-depth information presented in the program ensures that you are getting an all-inclusive educational experience — including everything from basic financial skills to the most sophisticated relationship-building skills — that can help you make immediate and positive contributions to the board.

Wharton and Egon Zehnder in India--Governing the Corporation: Enhancing the Effectiveness of the Board
Mar 14, 2008 - Mar 15, 2008, Mumbai, India

The Wharton School, a global leader in executive education, and Egon Zehnder International, a firm specializing in board consulting and building leadership teams, have joined forces with eminent business leaders from corporate India for the third year in a row to offer Governing the Corporation: Enhancing the Effectiveness of the Board.  This program offers strategic insights into the dynamics of the boardroom. Sessions discussing mergers, acquisitions, alliances, and a boardroom simulation will prepare you for the current business climate in India — which is expected to remain in place for the foreseeable future.

Strategic Thinking and Management for Competitive Advantage: 
Apr 13, 2008 - Apr 18, 2008

Strategic Thinking and Management for Competitive Advantage helps you meet, head on, the challenge of building strategy. It distills and applies the latest strategic insights and approaches and helps you accurately assess the competition in your industry. You will learn to create coherent and forceful strategies for your future and get the opportunity to apply these concepts to your own strategic plan.  Designed specifically to broaden your perspective on how to make organizations more competitive, Strategic Thinking and Management for Competitive Advantage examines a variety of options for growth, including alliances, acquisitions, and internal corporate ventures.

Contact a Course Consultant for more information.

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Knowledge@Wharton
Published bi-weekly and available in English, Spanish, Portuguese, and Chinese/Mandarin, K@W has nearly 750,000 subscribers in 189 countries.

A Closer Look at Sovereign Wealth Funds: Secretive, Powerful, Unregulated and Huge

Knowledge @ WhartonThe Abu Dhabi government is buying a 4.9% stake in Citigroup for $7.5 billion. UBS is selling a 10.8% share to the government of Singapore and an unnamed Middle Eastern investor for $11.5 billion. Two Middle Eastern government funds now own a third of the London Stock Exchange. Governments, through investment pools known as sovereign wealth funds, have put tens of billions of dollars into Western financial firms this year. But is foreign ownership -- or, more precisely, foreign government ownership -- really a good thing? Many experts think this mushrooming trend bears watching, especially for any sign that these funds are evolving from pure investment vehicles into tools for exerting political pressure on the "target" countries. Read more...

Marrying Marketing Science with the Front Lines: One Book Publisher's Winning Combination

Knowledge @ WhartonThe event was a contest designed to highlight the ways that advanced marketing science can improve the bottom line. The place was the recent Practice and Impact of Marketing Science 2007 conference held at Wharton. And the winner was the National Academies Press (NAP), the book-publishing arm of the National Academy of Sciences, which presented information on how marketing research had helped it realize a common but often elusive goal -- reaching as many customers as possible at the highest attainable price. Read More...

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Alumni in the News

Scott H. Rothstein, W'87, was featured in an article about the New York State Commission to Modernize the Regulation of Financial Services, created in May to identify ways for New York to reform its regulation of financial services. Rothstein is executive director of the commission. (US Federal News, 11/1/07)

Ellen Yin, W'87, WG'93
, owner of Fork Restaurant in Philadelphia, was interviewed about her experiences running an American bistro and how the restaurant has grown and changed. Yin also provided advice for hopeful entrepreneurs who would like to open a restaurant. (The Philadelphia Daily News, 11/1/07)

Wonya Lucas, WG'90
, was featured in an article about how she broke into the cable business. She discussed the difficulties that she encountered, and the importance of a can-do attitude. Lucas now serves as general manager and executive vice president of The Weather Channel. (Multichannel News, 11/12/07)

William K. Gerber, W'75, was featured in an article about his role as executive vice president and CEO of Kelly Services, Inc. Gerber has also been elected to the board of directors of the Kaydon Corporation. (Pharma Business Week, 11/12/07)

Seth Jackson, WG'83, was noted in an article about a song she wrote, "PFC Ross A. McGinnis," about a soldier in Iraq who saved his squad mates by diving onto a hand grenade that was tossed into his Humvee by insurgents. Jackson is a song writer and music publisher at Row Town Music. (Tribune Review, 11/26/07)

Jay Kislak, W'43
, was noted for his collection of rare books, manuscripts, historic documents, maps, paintings, prints, and artifacts dating from 1500 B.C. to the early decades of the United States. The collection will be featured in the "Exploring the Early Americas" exhibition in the Library of Congress Thomas Jefferson Building. Kislak is currently chairman of JI Kislak Inc. (US Federal News, 11/28/07)

See full list

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About the Wharton Connect Alumni Newsletter
This newsletter is a publication of Wharton Alumni Affairs and Annual Giving. To continue to receive this newsletter, as well as the Wharton Alumni Magazine and event information, please update your information on WAVE. If you know of other alumni not getting this e-mail, feel free to forward this newsletter and ask them to let us know their contact information. We welcome your comments at alumni.affairs@wharton.upenn.edu.

Wharton Alumni Affairs and Annual Giving is located at 344 Vance Hall, 3733 Spruce Street, Philadelphia, PA 19104.
 

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Global Alumni Forums
Lima, Peru

March 13-14, 2008
Ho Chi Minh City, Vietnam
May 30-31, 2008

Cape Town, South Africa
June 26-27, 2008


Global Alumni Forum

Wharton Reunion_Save the Date! May 10-13, 2007

Dean's Speaker Series

Tokyo
- January 15, 2008
All Penn/Wharton Alumni Event with President Gutmann and Dean Tom Robertson.
Location: Golden Room at the Palace Hotel at
Time: 6:30PM

London - January 17, 2008
All Wharton Alumni Event Dean’s Rollout Reception with Tom Robertson
Location: Westminster Abbey - Undercroft Museum
Time 6:30 - 8:30PM

Houston - January 30, 2008
All Wharton Alumni Event Dean’s Rollout Reception with Tom Robertson
Location: River Oaks Country Club
Time 5:30 - 7:30PM

NYC - February 12, 2008
All Wharton Alumni Event Dean’s Rollout Reception with Tom Robertson
Location: Gotham Comedy Club
Time 6:00 - 8:00PM

MBA Student Conferences

Private Equity & Venture Capital

Friday, January 18, 2008
Park Hyatt at the Bellevue

Health Care
Friday, February 21-22, 2008
Park Hyatt at the Bellevue

Restructuring

Friday, February 22, 2008
Union League

Media & Entertainment
Friday, February 29, 2008
Leonard N. Stern Business School, New York University

Technology
Friday, February 29, 2008
Park Hyatt at the Bellevue

Global Business Forum

India

Saturday, March 22, 2008
Park Hyatt at the Bellevue

Social Impact
Friday, March 28, 2008
TBD


Gift Planning Tip of the Month

January – Is your resolution for the new year to get your affairs in order? Don’t forget to update your will and other estate planning documents to take care of your loved ones, including your favorite charities (like Wharton).  For more information, visit www.wharton.upenn.edu/giftplanning or e-mail e-mail Katherine Schieffelin at: schieffe@wharton.upenn.edu



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Join the network. See the full list of upcoming Wharton Club events in the Alumni Events Calendar.




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Alumni Association Update

MBA Career Management greatly appreciates your thinking of Wharton students and alumni for your talent needs. Contact them for recruiting on campus or posting positions, 215-898-4383 or mbarecruiting@wharton.upenn.edu

As a Wharton Undergraduate or Wharton Doctoral Programs alum, you are welcome to use all of the services offered by Penn Career Services, with the exception of On-Campus Recruiting (OCR). Alumni within one year of graduation are eligible for OCR with special permission from their counselor. Penn Career Services include:

PennLink - Online job listing service. Call 215-898-4827 or visit their website.

Alumni interested in recruiting Penn students and alumni can get more information on our Employers Website.